US Dollar Index Weekly Analysis

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The US Dollar index broke to new highs yesterday, closing to a fresh high of 96.36, while making a new high to 96.61 levels. The break out to the upside was, however, a gradual move after the Dollar Index entered a consolidation phase lasting for close to a month. The upside breakout looks quite bullish for the Dollar Index, although we expect that the upside move from here could be a more gradual...

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